Mr Price Group shares plunge 9% following R9.6 billion European acquisition

African News Agency | 10.12.2025 15:32
Mr Price Group’s share price slumped by over 9% at opening of the JSE on Wednesday after announcing the R9.6 billion acquisition of NKD Group GmbH (NKD), a value retailer with 2 108 stores across Central and Eastern Europe, marking the local retailer’s first entry into Europe.